Harry_Nan

Harry_Nan Updated 

Looking forward to a possible short entry after the formation of a double top

Harry_Nan

From here I am anticipating a development of a corrective structure possibly on the 15min chart, in order for price to break out of the descending channel.

Harry_Nan Updated 

Ascending structure while going for a double top. I am looking forward to a rejection at the top of the channel while aiming for the low of the channel.

Harry_Nan Updated 

Descending channel with an impulse and corrective phase. If price happens to be rejected at the low of the correction I will gladly go long.

Harry_Nan Updated 

Ascending channel with an impulsive break below. Looking forward to taking a trade if price makes a double top within the corrective structure which can possibly happen now or later. Else I will place a sell stop with entry below the corrective structure while maintaining the stop loss and profit target.

Harry_Nan Updated 

Descending channel with a possible double bottom and if the double bottom is realized, I will wait for a bullish impulse followed by a corrective structure before taking the trade while targeting the top of the channel.

Harry_Nan Updated 

With a strong break out of the ascending channel followed by a corrective structure, the set up will be more favourable for a short position . But if a small correction is formed at this moment then the short set up will still be confirmed

Harry_Nan Updated 

Double top within an ascending channel followed by a push below. From here a corrective structure will make the setup more interesting.

Harry_Nan

Looking for a third touch within the ascending channel while possibly finalizing with a double top. With a major rejection or a candlestick reversal pattern the setup will be validated and a trade entered with the stop-loss above the double top and profit target at the low of the ascending channel.

Harry_Nan

If ever price breaks below the channel and creates a correction or retest then the setup will be validated for a short position.

Harry_Nan

Break of the previous top with an ascending channel with the possibility of two profit targets.

Harry_Nan Updated 

nzdjpy is more likely to head for a double bottom resulting from the downward break of a major correction followed by an impulse-correction phase. I am waiting for a correction to from within the parallel range drawn and possibly entering a trade after a break below.

Harry_Nan

Descending channel going for a double bottom

Harry_Nan

Break of an ascending structure in a corrective manner while reaching the previous top.

Harry_Nan Updated 

A bullish impulse followed by a corrective descending channel with a possible double bottom formation. A pending order is in place with the stop-loss just below the possible double bottom and the boundary of the descending channel, while having having two profit targets.One at the beginning of the channel and the other at the previous major high.

Harry_Nan Updated 

Price made a double bottom and now is moving upward in a corrective structure within a channel. If there is a REJECTION at the level of the previous top, while remaining within the channel, then and only then I will go short with the stop-loss slightly above the level of the previous top while aiming for the low of the channel.